Full-Time
Updated on 6/13/2025
Community solar projects for local energy access
No salary listed
Junior, Mid
Chicago, IL, USA
Solar Landscape focuses on community solar projects in New Jersey, allowing residents to access solar energy without needing to install panels on their own properties. The company partners with commercial real estate owners, municipalities, and non-profit organizations to install large-scale solar systems on rooftops and other available spaces. This renewable energy is then distributed to the community, helping to lower energy costs and reduce carbon emissions. Solar Landscape's unique model enables multiple customers to benefit from a single solar installation, making solar energy accessible to renters, homeowners with shaded roofs, and low-to-moderate income households. The company generates revenue through lease agreements with property owners and by selling the produced solar power to local utility companies or directly to consumers. Solar Landscape aims to transform the energy landscape in New Jersey by making solar power affordable and supporting environmental sustainability.
Company Size
51-200
Company Stage
N/A
Total Funding
$1B
Headquarters
Wall Township, New Jersey
Founded
2012
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Flexible Work Hours
Paid Vacation
Solar Landscape secured $175 million in long-term financing from PGIM Private Capital to expand its rooftop solar projects in Maryland and Illinois. The funding will support 74 projects on 3 million square feet of rooftops, adding nearly 43 MW of solar capacity. Half of the projects aim to reduce energy costs for low- and moderate-income households. Fourteen projects are already operational, with the rest expected by 2025. PGIM joins Walmart as an investor in this initiative.
Solar Landscape, a developer of rooftop commercial solar projects, secured a $175 million long-term shelf financing from PGIM Private Capital, a $1.4 trillion investment management business of Prudential Financial.
Asbury Park’s Solar Landscape, a commercial rooftop solar developer, has announced a landmark $175 million long-term partnership with PGIM Private Capital to finance its growing portfolio of projects that feed electricity directly into the distributed grid, initially across Maryland and Illinois.PGIM Private Capital is the private capital arm of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc.The partnership, in the form of an institutional shelf debt facility, will finance the construction and operations of 74 Solar Landscape projects in Maryland and Illinois on 3 million square feet of commercial rooftops, creating nearly 43 megawatts (DC) of solar capacity for the surrounding communities.“Commercial rooftop solar is America’s most shovel-ready energy source, and this financing enables us to build more and build it faster,” said Solar Landscape Chief Financial Officer Clayton Avent. “This debt investment is another example of PGIM Private Capital’s long track record of strong investment into the energy sector. The first wave of these projects is already generating electricity to meet the country’s growing demand.”The transaction marks an important step in Solar Landscape’s capital markets evolution and will enable dynamic and efficient deployment of debt capital into the company’s best-in-class rooftop community solar projects. The flexibility of the private shelf facility enables Solar Landscape to further expedite development and deployment cycles, generating energy into the distribution-level grid quickly and efficiently.The shelf financing from PGIM Private Capital complements Walmart’s tax equity investment in the portfolio, which Walmart and Solar Landscape announced in October 2024. Subsequent shelf deployments across addressable markets are expected to follow in 2025 and beyond, further entrenching Solar Landscape’s status as the nation’s preeminent fully integrated independent power producer focused on deploying solar and energy storage on commercial rooftops.For PGIM Private Capital, the investment is part of its long-term approach to investment in clean energy.“By building solar projects on existing commercial buildings, Solar Landscape is deploying energy quickly, efficiently and close to where it will be used, making it a sound investment in our energy future,” said Ingrida Soldatova, senior principal, Real Assets—Power at PGIM Private Capital. “We are always happy to continue adding to our portfolio of investments in the community solar space.”More than a dozen projects in the initial investment portfolio were energized recently in Maryland, and the balance of the portfolio is expected to come into service in 2025
Solar Landscape ranks No. 234 on FT Fastest-Growing list
Solar Landscape has secured a $175 million private placement from PGIM Private Capital to fund 74 commercial rooftop solar projects in Maryland and Illinois, creating 43 megawatts of solar capacity. This institutional shelf debt facility will expedite the development and deployment of solar energy into the grid. The financing complements Walmart's tax equity investment announced in October 2024. More projects are expected to be operational by 2025.